See the Video Recording here: https://us02web.zoom.us/rec/play/LE-k9qlt7bZpiL7tfdAbDqInw48R1SAh3qicU1w_pugzAT4jGaQwzU_B-urrvOfrnqtl8_WiZx3UeSnY.hbXjbjc8fq4xyrx7?autoplay=true&startTime=1681920121000

Access the Live Transcript here: https://otter.ai/u/RrV8xCXxfHpTENrtSOI92SSkC10?utm_source=copy_url

Register for our first Annual Mastermind and Networking Event here: https://www.abundancegroup.com/2023event

• There are a limited number of rooms blocked for the event with discounted rates available. Please book your room sooner than later to guarantee these rates!

Looking to invest in life insurance and leverage your Trust? 

• Email Ben at [email protected], or use the link below to receive your free quote!
• Get your free quote here: https://www.abundancegroup.com/insurance

Lost or Misplaced Your EIN?: https://www.irs.gov/businesses/small-businesses-self-employed/lost-or-misplaced-your-ein

Outline:
-How to structure a Personal Trust.
4:11
-Earning interest on Trust funds owned by the note holder.
11:24
Passive income vs. active income.
17:20
-Active vs passive real estate.
22:49
-Methodology of creating a Personal Trust.
34:31
-What is an adhesion contract?
39:24
-What’s the purpose of getting involved in probate?
45:39
-Filing a tax return.
54:25

See the Video Recording here: https://us02web.zoom.us/rec/play/jj48MJw9Zu8O4euPX0dQ58P7hcEPYhf6Lxo9NnXsbs7hfIRAk60wwsAWX378op8kJzI4-x9B38_eW7A5.RIxdNhZ35ASSpsFZ?autoplay=true&startTime=1681488469000

Access the Live Transcript here: https://otter.ai/u/fggX5G5N_EFULQCBxvi2AP-n0ow?utm_source=copy_url

Register for our first Annual Mastermind and Networking Event here: https://www.abundancegroup.com/2023event

• There are a limited number of rooms blocked for the event with discounted rates available. Please book your room sooner than later to guarantee these rates!

Looking to invest in life insurance and leverage your Trust? 

• Email Ben at [email protected], or use the link below to receive your free quote!
• Get your free quote here: https://www.abundancegroup.com/insurance

Outline:
-Can you outright gift property to a Trust?
0:04
-Gifting assets to the Trust.
11:32
-A breach of fiduciary duty.
18:55
-How did you do your 1099 reporting?
26:21
-What kind of education do you want to do?
34:21
-How can you unwind a Grantor Trust?
40:25
-How to convey mineral rights into a Personal Trust?
46:46
-Most pressing issue at the moment.
50:37
-The definition of a durable Power of Attorney.
55:31
-What is a durable Power of Attorney?
1:00:36
-What happens if a trust buys property in a foreign country?
1:08:42

See the Video Recording here: https://us02web.zoom.us/rec/play/QNN7O-jtjkihuFDfrUqz49Ftdl6_qAczz5Q-Bp5rypG66eeOXHqvEibxLQkLKW-D2RRYZWLLxA8sKuqs.ndTEdMW-Db4G6uyh?autoplay=true&startTime=1681315338000

Access the Lives Transcript here: https://otter.ai/u/3yz7805zDvGMX1y0L-0TYxYSyTs?utm_source=copy_url

Register for our first Annual Mastermind and Networking Event here: https://www.abundancegroup.com/2023event

• There are a limited number of rooms blocked for the event with discounted rates available. Please book your room sooner than later to guarantee these rates!

Looking to invest in life insurance and leverage your Trust? 

• Email Ben at [email protected], or use the link below to receive your free quote!
• Get your free quote here: https://www.abundancegroup.com/insurance

Important documents from this call:

• Publication 537 (2022), Installment Sales: https://www.irs.gov/publications/p537#en_US_2022_publink1000221607

Outline:
-What is the process for selling the notes?
1:07
-How to get a Land Trust deed?
6:28
-Selling the property for 100,000.
13:03
-Selling a note receivable vs assignment of notes.
21:03
-Selling a property to a Trust.
27:57
-How long does it take to sell a property?
37:33
-Serial numbers for foundations and implementation.
44:53
-Selling a property to a Trust.
50:02
-How do you add a successor trustee?
58:19
-Do you need a Power of Attorney?
1:05:25
-Power of Attorney vs. Trustee.
1:13:20
-The Power of Attorney form.
1:20:05

See the Video Recording here: https://us02web.zoom.us/rec/play/-fRF9wReeULP_eEL5lYmjKRCfaDnonsygHqxwmqnDGCiS5I_mMqQfBThpkwld_wlqb5BQBGvLkbD3S2X.W1ufqWIn5Omd3R0b?autoplay=true&startTime=1680710547000

Access the Live Transcript here: https://otter.ai/u/Seq5baJos5Txo6e34N48EcGCbQ0?utm_source=copy_url

Register for our first Annual Mastermind and Networking Event here: https://www.abundancegroup.com/2023event

• There are a limited number of rooms blocked for the event with discounted rates available. Please book your room sooner than later to guarantee these rates!

Looking to invest in life insurance and leverage your Trust? 

• Email Ben at [email protected], or use the link below to receive your free quote!
• Get your free quote here: https://www.abundancegroup.com/insurance

NA-Trust: https://drive.google.com/file/d/1SsYCLWewIeGAd49O0lTJfX0YK19Hyi6k/view?usp=share_link

Chart of Accounts Draft for Personal and Business Trusts: https://docs.google.com/spreadsheets/d/1hymv8bIaSPCXqowvylYnatwaq2HzH2qJ734x8gUtVuE/edit?usp=share_link

Outline:
-What goes in the last blank.
7:40
-How to change the name of the land Trust.
12:18
-The problem with the name of the division.
18:26
-The trustee has all the power over the Trust.
26:20
-The difference between a divisional Trustee and a Co-Trustee.
30:55
-Operational rules for operating rules.
40:07
-Operational rules and divisions.
46:09
-Operating agreements and documentation.
51:30
-How does the bargain sale rule apply?
58:14
-How to determine fair market value.
1:03:34
-Where to find more information about foundations?
1:10:50
-Can a beneficiary be a power of attorney?
1:14:49
-Where is the chart of accounts?
1:23:58
-What do you mean by promissory notes?
1:29:36
-Podcasts vs. Rss feeds.
1:35:46

See the Video Recording here: https://us02web.zoom.us/rec/play/uJsZhDqGwsDg1mbyeFlxfG-Fpt47fpjCTDUFW21W-7wrhU8yrfgLu-NnkbpX6QMoqgkZxbjUATFfqqxh.BRFBiIVM-kKSEC2A?autoplay=true&startTime=1680278670000

Access the Live Transcript here: https://otter.ai/u/kz6655e-hHsPpofvl9PfhTNAlzQ?utm_source=copy_url

Register for our first Annual Mastermind and Networking Event here: https://www.abundancegroup.com/2023event

• There are a limited number of rooms blocked for the event with discounted rates available. Please book your room sooner than later to guarantee these rates!

Looking to invest in life insurance and leverage your Trust? 

• Email Ben at [email protected], or use the link below to receive your free quote!
• Get your free quote here: https://www.abundancegroup.com/insurance

26 U.S. Code § 7872 - Treatment of loans with below-market interest rates: https://www.law.cornell.edu/uscode/text/26/7872

26 U.S. Code § 501 - Exemption from tax on corporations, certain trusts, etc: https://www.law.cornell.edu/uscode/text/26/501

26 U.S. Code § 483 - Interest on certain deferred payments: https://www.law.cornell.edu/uscode/text/26/483

Deficit Reduction Act of 1984: https://www.irs.gov/pub/irs-tege/eotopica85.pdf

Outline:
-Operating your Business Trust.
11:44
-Taking out a loan for 100,000.
15:22
-Moving cash from a refinance to a Trust.
23:31
-Are we allowed to transfer real estate to a Trust?
29:41
-Open a Personal Trust in 2021.
36:34
-Divisional trustee vs. Trust protector.
40:54
-How do you decide what to keep in the Trust?
56:02
-A demand note doesn’t have any interest.
1:03:02
-Should I file a tax return for interest income?
1:09:27
-How to determine the interest rate on a loan?
1:15:42
-What to expect on this week’s call?
1:22:26

See the Video Recording here: https://us02web.zoom.us/rec/play/yUwEBxV4irOZcAEGknRV1HNt3Fk_NmxgRswbKF1sRuDW70Okl26154k2n2Fd9rHUo22G2z8hfZfoK7w.RrvqnpGcMP7xLyLZ?autoplay=true&startTime=1680105787000

Access the Live Transcript here: https://otter.ai/u/wKJ2qvhZ_MJ4FLw7gJTN9nwT2rQ?utm_source=copy_url

Register for our first Annual Mastermind and Networking Event here: https://www.abundancegroup.com/2023event

• There are a limited number of rooms blocked for the event with discounted rates available. Please book your room sooner than later to guarantee these rates!

Looking to invest in life insurance and leverage your Trust? 

• Email Ben at [email protected], or use the link below to receive your free quote!
• Get your free quote here: https://www.abundancegroup.com/insurance

Outline:
-How to prepare your tax returns?
5:57
-Doing agreements between me as trustee and the tenants.
11:47
-The assignment of leases.
16:47
-Who does the money go to?
22:01
-Banks that give pushback.
29:11
-How to get out of the LLC.
37:17
-How to get a personal guarantee?
46:15
-The problem with the Wyoming LLC.
54:22
-Foreign-filed LLC.
1:01:25
-How to convert passive income to active income?
1:05:43
-What is a property management checking account?
1:11:30
-Selling to the trust at fair market value.
1:17:51
-What’s on Gina’s radar?
1:22:48
-Selling a property at a cost basis.
1:30:24

See the Video Recording here: https://us02web.zoom.us/rec/play/OW5ul8EM50hqspjsZ47l-dMZQ9uD6Xp4WzzI_nRqeq99ZeQFXkxrk9tBRKKvzOW0vKRweBlCpulUcgXM.2ocxdCzInLdV228K?autoplay=true&startTime=1679673754000

Access the Live Transcript here: https://otter.ai/u/NdvegvY1d-x8hj9W_eYANqlzARU?utm_source=copy_url

Register for our first Annual Mastermind and Networking Event here: https://www.abundancegroup.com/2023event

• There are a limited number of rooms blocked for the event with discounted rates available. Please book your room sooner than later to guarantee these rates!

Looking to invest in life insurance and leverage your Trust? 

• Email Ben at [email protected], or use the link below to receive your free quote!
• Get your free quote here: https://www.abundancegroup.com/insurance

Outline:
-Why depositor accounts are more important than shareholders?
5:00
-How many of you have family trusts?
11:35
-What is an interest-paying account?
19:11
-Selling cash to the trust and reducing interest.
25:33
-Do you need to file certifications of trust separately?
31:26
-Don’t worry about 1099’s.
38:12
-How low is your income coming in?
43:21
-How to reduce the demand note.
49:21
-How much before taxes do you even pay?
56:21
-Selling cash to a trust and interest.
1:07:03

See the Video Recording here: https://us02web.zoom.us/rec/play/9Q4GqrT6g8UTDENkhxbwLwiyp7_AEDBNyHqBNdQ1k0h1IR7FvyyUooaMy9oj27ZhT6MGT07YAxoPfCdn.M8oaA_YwsYDItarN?autoplay=true&startTime=1679501231000

Access the Live Transcript here: https://otter.ai/u/JOeD9O5n8sK8unA4ZlHMpCHujag?utm_source=copy_url

Outline:
-Can you keep your TIN number?
2:12
-What about a reformulation of the formation date?
4:56
-How long does it take to dissolve an LLC?
11:37
-How to change the classification of an entity.
13:26
-How do you report credit to the trust?
20:13
-How do I get the deed to change the name of the trust?
29:34
-What happens with accrued interest on demand notes?
36:10
-The benefit of adding interest to the demand note.
43:09
-How do you keep track of demand notes?
46:20
-The 1041 return and interest expense.
55:26
Why aren’t we reporting the 1099s?
-1:00:30
How do you look at this information?
-1:06:14
Running the numbers right.
-1:14:13
How to avoid tax evasion?
-1:16:38
-Can a trust be used as a conduit for the interest?
1:21:17

See the Video Recording here: https://us02web.zoom.us/rec/play/1ZkuUTmR0IickpL50W-mh39OKq0FtdN4iJAg8NuJSS8iiECOrK3dIIxTWvW7TQ4_xenFgO4DAaNfJCgU.p9ek9UfbIGikch6Y?autoplay=true&startTime=1678896383000

Access the Live Transcript here: https://otter.ai/u/Jp9GX41pFjRLMvVBqk56GxZ4he8?utm_source=copy_url

Annual Mastermind and Networking Event Booking Link: https://www.abundancegroup.com/2023event

• For the event: Please email [email protected] and let us know which package you registered for and if you reserved a room through the booking link on the following page. 
• Important: There are a limited number of room blocks with discounted room rates available. These are given on a first come/first serve basis. If you plan on attending the live event, please book your room sooner rather than later!

Looking to invest in Life Insurance and leverage your Trust?

• Obtain your FREE quote here: https://www.abundancegroup.com/insurance

Outline:
-A free celebration and it's only a celebration.
6:36
-Can a C Corp convert to an LLC?
13:52
-What is the legal name of the trust?
22:03
-What is an IP/Personal trust?
31:30
-The title of any trust property.
40:02
-Updates to the Master’s Trust.
45:58
-The appointment of a trust protector.
52:06
-Will beneficiaries be listed on schedules or in the body of the trust?
59:04

See the Video Recording here: https://zoom.us/rec/play/aM_NwXAk-3zwn6YBFl7O62W4uY8KgxmvmETW9_F7mtX_9IS3UTbeodql8w8UssDqmN-CTh5x0KpVXZxZ.WgOapO9w8hpnbdHc?autoplay=true&startTime=1678295062000

Access the Live Transcript here: https://otter.ai/u/gmHDjsHou6F8V6hJWaa73SGaN0s?utm_source=copy_url

Outline:
-An empty house in Las Vegas.
1:24
-What happens if something goes wrong with the title insurance?
4:40
-Changing the trustee of the personal trust.
16:00
-Blank rolls downhill and everyone rolls downhill.
26:05
-Notarizing documents.
29:06
-Notarization of personal property.
33:22
-The importance of having a digital signature.
40:23
-Todd’s taxes.
44:27
-The Dmv website is broken.
46:30
-How to get a credit builder’s discount.
52:37
-How to allocate time to your business calendar.
58:02